97227 Portland, OR is a great place to live. The average 2 bedroom rent in this zip code is $1,960 which is slightly higher than the US average for 2 bedrooms of $1,430. Grocery cost index in 97227 is 105 compared to the national 100 index. There are many local businesses and companies residents can take advantage of such as New Seasons Market, Zupan’s Markets, and Fred Meyer. All three stores offer quality products at competitive prices and are perfect destinations for your weekly grocery shopping needs.
Portland (zip 97227) has an unemployment rate of 6.9%. The US average is 6.0%.
Portland (zip 97227) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Portland (zip 97227)
- The Sales Tax Rate for Portland (zip 97227) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 97227) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Portland (zip 97227)
- The average income of a Portland (zip 97227) resident is $66,938 a year. The US average is $37,638 a year.
- The Median household income of a Portland (zip 97227) resident is $77,951 a year. The US average is $69,021 a year.